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Q: How are explanations distinguished in the accounting journal?
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Related questions

When was Journal of Accounting Research created?

Journal of Accounting Research was created in 1963.


What is Journal phase of accounting?

Journal phase of accounting is to journalize the business transaction in Journal as a first record in books of accounts.


What is the journal entry of vat adjustment and narration in tally 9?

Tally is a financial accounting with inventory and account only. The journal entry allows for notations, explanations and adjustments. This can be done through a narrative attached to the worksheet.


What a journal?

A journal is a magazine. Or for accounting it is a ledger book.


Matching in accounting means to make an entry in the journal?

Matching" in accounting means to make an entry in the journal


How are credits distinguished from debits in the journal?

By indenting


What are the advantages and disadvantages of journal entries in accounting?

what is the disadvantages of general journal


What are the four special journals in accounting?

Following are four special journals in accounting: 1 - Sales Journal 2 - Purchase journal 3 - Cash receipt journal 4 - Cash payment journal


What is the basic summary device of accounting?

account or accounting equation


What is the principal book of accounting?

Journal Book


Why do you need to reverse a journal entry?

According to my understanding and my study in accounting, the reversal of journal entry merely is for the opening balances for a new year of accounting period


What is posting in accounting cycle?

Posting is recording in the ladgers information from journal. Posting is always from journal.